RE:RE:RE:RE:RE:RE:The Great Ithaca Sail Away Contest . .. - sailaway announcement will see it move up to $1.40;
- $2.10 by first oil;
- $2.75 on a takeout, or
- $2.40 by yearend.
- #3 and #4 assume Brent above $60 and no unpleasant production surprises like "Gee, this reminds me of Athena the way that bit got stuck in the hole", or "Who was the idiot who said these wells would be pumping 30,000 boepd? I'm only seeing 3,000 boepd on this dial and they're pumping full out", or "Hey Joe, did you remember to weld that subsurface porthole back in place?".
As a nod to Erroll, if SHINY passes Uranus better get out of the gym shower room fast. Selling your IAE shares will be the least of your worries.